How the World Is Off-Track to Reduce Poverty

After several years of multiple, continuous shocks, the global economy is finally showing signs of stabilizing. Despite the grimmest predictions, the world managed to avoid a global recession this year. However, while advanced economies have largely recovered, developing countries have yet to catch up. Low-income countries risk being left even further behind.  Read More Here

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Donald Trump returns for a second innings

Republican Donald Trump beat Democrat Kamala Harris in a sweeping win to return to the White House as the 47th President of the United States and become the country’s oldest elected leader after surviving two assassination attempts and several felony charges. Harris, who became the Democrat candidate after President Joe Biden stepped down from the […]

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Rethinking Foreign Funding for Africa

African countries’ large and growing debt burdens have become a major obstacle to poverty reduction. Western countries must stop exacerbating the continent’s problems and offer debt relief by substituting grants for loans and forcing private lenders to settle sovereign-debt disputes in borrower-country courts. Read More Here

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Sri Lanka’s People Need a New Debt Deal

Sri Lanka’s new president, Anura Kumara Dissanayake, must reject his predecessor’s recent debt-restructuring deal with bondholders. That agreement would inflict unnecessary pain on Sri Lanka’s population and set a dangerous precedent, undermining other developing economies’ ability to restructure their foreign debts. Read More Here

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